Wisconsin Installment Loan

An installment loan is a medium-term loan, usually with a higher principal amount than short-terms loans.  It is repaid gradually in installments over 22 payroll deductions (allotments) for a period of roughly 11 months.  This loan may be repaid early at any time with no prepayment charges.

Coast 2 Coast Lenders is licensed in Wisconsin by the Office of the State Bank Commissioner

Department of Financial Institutions
201 W Washington Avenue, Suite 500
Madison, WI 53703
TEL 608.261.9555
FAX 608.261.7200


Coast 2 Coast Lenders, LLC complaint information

Loan related:
Pamela Gutierrez, VP of Operations
800-818-1908, ext 501
All other complaints:
Kevin Gordon, CEO
800-818-1908, ext 505

Rates & Terms

Loan Amount *
$500- $3,000
Loan Term
22 payroll deductions
Annual Percentage Rate

95%- 200% **

Late Fee
of the unpaid installment payment
* Actual loan terms may vary based on applicant’s qualifications
** APR’s may vary based on calendar days between loan funding and first payment as well as the State of residence of the borrower.

Under the Tattletale Notice Lenders must notify a non-applicant spouse of an extension of credit if the loan is governed by the Wisconsin Consumer Act (“WCA”).

What it Costs

The chart below represents an illustrative example of the cost of a $600 loan. Please see your loan agreement for the annual percentage rate (APR) and other terms applicable to your loan. If you have any other questions or would like more information, please ask. Make certain the questions are answered. Make sure you understand the terms and cost of your loan.

If you repaid biweekly through payroll allotments, you would make 22 payments of $41.33 and one payment of $41.27

Finance Charges
Amount Financed
Total Payments

With an actual installment loan, your repayment might look different that the example above.  For instance, you may be able to borrow more money, or have a longer or shorter repayment period. 

Terms Explained

Amount Financed

This is the loan amount.  In our example, Joe Borrower is approved for a $600 loan.  The $600 is the amount financed

Loan Term

Your loan term is the amount of time over which you are scheduled to repay your loan.   You may also repay early with no penalty.  In the example, Joe’s loan is for 22 payroll deductions (allotments) over a period of roughly 11 months.

Finance Charge

The finance charge is the dollar amount your loan will cost you, in addition to the amount financed.  In the example, Joe’s amount financed will be $309.20 in interest as his finance charge.

Total of Payments

This is the sum of the amount financed and the finance charge.  It is the total amount you must repay. In this example, Joe’s amount financed, and finance charge equals a total of payments of $909.20


APR (annual percentage rate) is a measure of the cost of credit, expressed as a yearly rate.

Coast 2 Coast Lenders
2207 Concord Pike
Wilmington, DE 19803
+1 (800) 818-1908
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